MediaAlpha Inc.

MAX · NYSE · Communication Services / Internet Content & Information

14.71USD-0.10 (-0.68%)

Price History

Full chart

Market Stats

Previous Close14.81

Open15.25

Day Range14.52 – 15.39

52-Week Range7.09 – 14.70

Volume558.78K

Market Cap491.08M

P/E (TTM)5.72

Forward P/E5.64

EPS1.62

Dividend Yield0.00%

Beta1.16

50-Day Avg12.50

200-Day Avg10.84

About

MediaAlpha, Inc., through its subsidiaries, operates an insurance customer acquisition platform in the United States. Its technology platform offers end customer acquisition for insurance carriers, agents, distributors, and other clients in a range of verticals, including property and casualty insurance, health insurance, and life insurance. The company was founded in 2014 and is headquartered in Los Angeles, California.

Company Details

SectorCommunication Services
IndustryInternet Content & Information
CEOMr. Steven M. Yi J.D.
Employees147
Headquarters700 South Flower Street, Los Angeles, CA, United States, 90017, USA
Websitehttps://www.mediaalpha.com

Leadership

Mr. Steven M. Yi J.D.Co-Founder, CEO, President & Director · b. 1970
Mr. Eugene NonkoCo-Founder, Chief Architect & Director · b. 1981
Mr. Patrick R. ThompsonCFO, Treasurer, Principal Financial & Accounting Officer · b. 1979
Ms. Amy YehChief Technology Officer · b. 1979
Mr. Jeffrey B. Coyne Esq., J.D.General Counsel & Secretary · b. 1967
Mr. Keith CramerChief Revenue Officer · b. 1981
Mr. Tigran SinanyanSenior VP of Finance & Corporate Development · b. 1983
Mr. Andy SoltaniSenior Vice President of Analytics

Financials

Income Statement

Currency: USD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	296.91M	408.00M	584.81M	645.27M	459.07M	388.15M	864.70M	1.11B
Growth (%)	-	+37.42%	+43.34%	+10.34%	-28.86%	-15.45%	+122.78%	+28.78%
Cost of Revenue	247.67M	342.91M	499.43M	543.75M	389.01M	321.44M	721.13M	946.06M
Gross Profit	49.24M	65.10M	85.38M	101.52M	70.06M	66.71M	143.57M	164.56M
Gross Margin	16.58%	15.95%	14.60%	15.73%	15.26%	17.19%	16.60%	14.78%
Operating Expense	29.92M	40.26M	65.84M	99.38M	105.45M	106.64M	100.85M	86.35M
Operating Income	19.32M	24.84M	19.54M	2.15M	-35.39M	-39.92M	42.73M	78.22M
Operating Margin	6.51%	6.09%	3.34%	0.33%	-7.71%	-10.29%	4.94%	7.02%
EBITDA	31.27M	30.49M	23.02M	1.66M	45.85M	-28.35M	60.50M	-96.57M
EBITDA Margin	10.53%	7.47%	3.94%	0.26%	9.99%	-7.30%	7.00%	-8.67%
Net Income	18.13M	17.82M	14.80M	-5.28M	-57.67M	-40.42M	16.63M	25.62M
Net Income Margin	6.10%	4.37%	2.53%	-0.82%	-12.56%	-10.41%	1.92%	2.30%
R&D	10.34M	7.04M	12.45M	15.20M	21.08M	18.46M	19.76M	21.40M
R&D as % of Total Revenue	3.48%	1.73%	2.13%	2.35%	4.59%	4.76%	2.29%	1.92%
Interest Expense	1.19M	7.02M	7.94M	7.83M	9.24M	15.31M	14.35M	11.24M
Interest Expense % of Total Revenue	0.40%	1.72%	1.36%	1.21%	2.01%	3.95%	1.66%	1.01%

Balance Sheet

Currency: USD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	87.37M	105.40M	213.93M	289.80M	170.08M	153.93M	262.45M	383.83M
Total Liabilities	46.89M	218.99M	315.45M	351.37M	256.17M	248.35M	308.68M	413.02M
Total Equity	40.48M	-113.60M	-101.52M	-4.34M	-15.99M	-10.29M	2.38M	4.16M
Cash	5.66M	10.03M	23.55M	50.56M	14.54M	17.27M	43.27M	46.88M
Total Debt	14.25M	97.54M	183.54M	190.78M	186.29M	174.30M	162.44M	155.20M
Net Debt	8.59M	87.51M	159.11M	140.22M	171.75M	157.03M	119.18M	108.33M

Cash Flow

Currency: USD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	22.65M	22.14M	51.41M	28.62M	28.27M	20.23M	45.87M	65.60M
Investing Cash Flow	-640.00K	-294.00K	-10.30M	-650.00K	-49.77M	-73.00K	-654.00K	-340.00K
Financing Cash Flow	-25.45M	-17.48M	-27.59M	-961.00K	-14.52M	-17.43M	-19.22M	-61.65M
Capital Expenditure	640.00K	294.00K	296.00K	650.00K	98.00K	73.00K	254.00K	340.00K
Free Cash Flow	22.01M	21.85M	51.11M	27.97M	28.18M	20.16M	45.62M	65.26M
Dividends Paid	15.88M	95.64M	131.42M	338.00K	2.13M	2.85M	1.22M	1.25M
FCF to OCF	97.17%	98.67%	99.42%	97.73%	99.65%	99.64%	99.45%	99.48%
Dividend Paid to FCF	72.14%	437.73%	257.11%	1.21%	7.57%	14.14%	2.68%	1.92%

Earnings

Report Date	Sep 2, 2020	Dec 10, 2020	Mar 11, 2021	May 13, 2021	Aug 12, 2021	Nov 10, 2021	Feb 24, 2022	May 5, 2022	Aug 5, 2022	Nov 3, 2022	Feb 23, 2023	May 4, 2023	Aug 2, 2023	Nov 1, 2023	Feb 20, 2024	May 1, 2024	Jul 31, 2024	Oct 30, 2024	Feb 18, 2025	Apr 30, 2025	Aug 6, 2025	Oct 29, 2025	Feb 19, 2026	Apr 29, 2026	Jul 29, 2026	Nov 4, 2026
EPS Estimate	0.00	0.12	-0.03	0.14	0.12	0.05	-0.01	0.01	0.05	-0.28	-0.18	0.05	-0.04	-0.05	-0.18	0.12	0.21	0.29	0.44	0.35	0.37	0.37	0.24	0.34	0.21	0.25
EPS Actual	0.17	2.94	-0.88	0.05	0.01	0.16	-0.05	-0.18	-0.28	-0.23	-0.63	0.14	-0.26	0.06	-0.05	0.19	0.06	0.33	0.45	0.45	0.44	0.40	2.48	0.30	0.65	-
Surprise	-	2350.00%	-2833.33%	-64.29%	-91.67%	220.00%	-400.00%	-1900.00%	-660.00%	17.86%	-250.00%	180.00%	-550.00%	220.00%	72.22%	58.33%	-71.43%	13.79%	2.65%	28.57%	18.92%	8.11%	937.64%	-11.76%	209.52%	-
Timing	-	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	-	After-hours	After-hours	-

Key Statistics & Ratios

Market Cap491.08M

Enterprise Value728.34M

Trailing P/E5.72

Forward P/E5.64

Price / Sales0.40

Price / Book17.51

EPS1.62

Book Value0.536

Revenue (TTM)1.22B

Gross Profit (TTM)180.09M

EBITDA87.11M

Profit Margin7.94%

Operating Margin6.35%

Return on Equity0.00%

Return on Assets17.41%

Shares Outstanding52.98M

Shares Float24.96M

Beta1.16

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Analyst Ratings

Buy

Based on 8 analystsTarget 15.43

Strong Buy
2
Buy
5
Hold
1

Ownership Breakdown

Institutions: 63.36%
Insiders: 42.10%
Retail / Other: 0.00%

Top Institutional Holders

White Mountains Insurance Group Ltd.
17.86M33.71%
BlackRock Inc
3.48M6.56%
Clearline Capital LP
2.59M4.89%
JPMorgan Chase & Co
1.75M3.30%
Vanguard Capital Management, LLC
1.39M2.62%
J. Goldman & Co LP
1.18M2.23%
Geode Capital Management, LLC
1.07M2.02%
Arrowstreet Capital Limited Partnership
1.06M2.00%
Jacobs Asset Management, LLC
919.76K1.74%
Acadian Asset Management LLC
847.20K1.60%
State Street Corp
838.16K1.58%
Shay Capital LLC
775.00K1.46%
Jacobs Levy Equity Management, Inc.
750.05K1.42%
Renaissance Technologies Corp
719.30K1.36%
Morgan Stanley - Brokerage Accounts
703.02K1.33%
Dimensional Fund Advisors, Inc.
701.91K1.32%
Nuveen, LLC
701.40K1.32%

Top Fund Holders

Vanguard MStar Total Stk Mkt Idx Invest
882.70K1.67%
iShares Russell 2000 ETF
807.08K1.52%
JPMorgan Small Cap Blend A
740.75K1.40%